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Trade Associations Respond to Section 232 Investigation
In April, the U.S. Department of Commerce began an investigation under Section 232 of the Trade Expansion Act of 1962 to determine the effects on the national security of imports of pharmaceuticals, pharmaceutical ingredients and derivative products. After the investigation is complete, President Donald Trump will decide what action to take which could include tariffs. ...
Natural Products Industry Responds to Trump Tariffs
On April 2, President Donald Trump declared that “foreign trade and economic practices have created a national emergency.” His executive order imposes responsive tariffs to “strengthen the international economic position of the United States and protect American workers.” Under the order, Trump imposed a 10 percent tariff on all countries effective April 5. There will ...
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